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SBD Global/October 26, 2012/Franchises
Report: Former Rangers Owner Craig Whyte Asked To Lie Over Ticket Deal
Published October 26, 2012
WHYTE'S LEGAL ADVICE: The SCOTSMAN reported that Whyte is "thought to be taking legal advice" ahead of a bid to sue Duff & Phelps over claims that they "reneged on a deal to return the troubled football club to him." Whyte claims that Duff & Phelps agreed on a £500,000 ($806,000) fee to "guide Rangers out of administration before handing the club back to him." However, Whyte said that "they dragged out the process to rack up a bill of around £3M ($4.9M) instead" (SCOTSMAN, 10/25).